Cathie Wood’s ARK Invest adds $12M in Bullish shares as options trading surges

Cathie Wood’s ARK Invest increased its stake in the crypto exchange Bullish on Monday, acquiring about 238,000 shares valued at roughly $12 million across its flagship ETFs, including ARKK, ARKW, and ARKF. This buying follows ARK's previous accumulation of over $5 million in Bullish shares last Friday. The purchases coincide with Bullish reporting over $82 million in trading volume within five days of launching its new crypto options platform, which allows customers to use their entire portfolio as collateral for enhanced capital efficiency. Institutional partners participated in the launch, and Bullish recently achieved a regulatory milestone by launching operations in 20 US states after securing necessary licenses.

(Source：Cointelegraph)